Innovate 2015

Innovate 2015 Day 1


Welcome to Innovate 2015

09:00 - 09:05

Ruth McKernan became Chief Executive of Innovate UK in May 2015, after a successful research and business career mainly in the pharmaceutical industry.

Kicking off this year’s event on behalf of Innovate UK and UKTI, Ruth will outline what is in store over the next two days.


Ministerial Keynote: Innovation - Driving the UK Economy

09:05 - 09:25

The Rt Hon Sajid Javid MP was appointed Secretary of State for Business, Innovation and Skills on 11 May 2015. He was elected Conservative MP for Bromsgrove in 2010.

Sajid was Secretary of State for Culture, Media and Sport from April 2014 to May 2015. Previously he was both the Economic and Financial Secretary to the Treasury. He was a member of the Work and Pensions Select Committee from June to November 2010.

Before being elected MP, he worked in business and finance. Aged 25, he became a Vice President at Chase Manhattan Bank. He later moved to Deutsche Bank in London to help build its business in emerging market countries. Sajid left Deutsche Bank as a senior Managing Director in the summer of 2009 to give something back through politics.

As the Secretary of State for Business, Innovation and Skills and President of the Board of Trade, Sajid is responsible for strategy and policy across the Department for Business, Innovation & Skills (BIS).

Responsibilities include:
• Overall responsibility for the department, strategy and all policies
• Overall responsibility for the BIS budget
• President of the Board of Trade
• Lead Cabinet minister for reducing regulatory burdens across government


Thinking about the Future: The Work of Innovate UK

09:25 - 10:00

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Ruth McKernan returns to explore the importance of innovation, the impact of Innovate UK’s work to date, and some of the great companies it has helped to grow.

Ruth will talk about what’s next - outlining Innovate UK’s five-point plan to accelerate innovation over the coming years.


Routes to Market: Effective Supply Chain Collaboration

09:45 - 10:45

Creating stronger supply chains not only generates added-value to businesses, it brings benefits across the whole economy such as new cutting-edge technologies, a more highly-skilled work force and improved productivity. 

Hear about business collaborations that go beyond a normal customer/supplier relationship to create lasting shared value in skills, infrastructure and research. One scheme, the Advanced Manufacturing Supply Chains Initiative (AMSCI), is a national project aimed at improving the global competitiveness of manufacturing supply chains in the UK. Find out how it has supported a groundswell of new investment and collaborations to speed up new approaches.


Perfecting Your Pitch

09:45 - 10:45

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Presenting - whether it is to customers, suppliers or investors – is a challenge to most people.  Pitching to investors lies at the extreme end of this degree of difficulty as it is astonishingly difficult to get across everything you know and love about the business you are passionate about in 3, 8 or even 15 minutes. 

Most pitch preparation focuses on honing the presentation, practising delivery and getting the story just right.  What we don’t do often enough is ask the audience – investors – what they want to hear and see. 


Exporting: The Fundamentals of Protecting your Intellectual Property

09:45 - 10:30

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Exporting is essentially selling your intellectual property overseas. It is vital that exporters understand what IP they own, how much it is worth, how to protect it and not infringe others; and what to do if a problem occurs.

This session will look at the value of intellectual property and how its management is fundamental to any export strategy.


You will hear about the importance of researching and understanding your target markets and where you can access the information needed to mitigate risk. The Intellectual Property Office will discuss the support available to UK businesses on the ground overseas. Come and hear first-hand from those who have successfully exported their Intellectual Property and what they learned, good and bad, along the way.


The World of Innovation

10:10 - 10:40

Dr Dave, cofounder of the MIT Innovation Lab, with Dr Dave Innovation Ltd, will share insights on how to lead innovation strategies, champion effective enterprise culture, and drive commercialisation, globalisation and growth.

Innovation success rates remain extremely disappointing across all sectors of human enterprise. Even the world’s most innovative companies struggle to consistently achieve desired results. The root cause is human nature. Whether innovation efforts succeed or fail, it’s always about the people.

Dr Dave will identify aspects of psychology that undermine innovation – the seven sins. For every sin, there’s a corresponding virtue. Developing these virtues, or capabilities within an organisation’s DNA should be the prime imperative for all leaders. This is the stuff that wins battles and wars – whether a war on terror, a war against poverty, or a friendly little game of world domination within a specific industry.


The Power of Global Partnerships

11:15 - 12:05

Click here to view the session content for Dr James Widmer.

Click here to view the session content for Mark McNally.

Click here to view the session content for Nick Carpenter.

Discover the origin of Evoque_E – a pioneering collaboration to develop hybrid and electric vehicles based on Range Rover Models.

This multimillion pound R&D project has brought together Jaguar Land Rover and a consortium of 11 partners from a range of backgrounds – global corporates, niche SMEs and leading universities. Four representatives will share the story of how this progressive partnership came to light and discuss the tangible positive influence it has on individual organisations and the UK as a whole.

This session will expose the challenges and benefits of partnership on a global scale – from the pull-through of UK research into real-world applications, to the growth of SMEs and the supply chain.


Growth through Partnerships

11:15 - 12:15

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Showcasing the success of business collaboration with start-ups through partnerships in the UK and abroad.

With the international roll-out of the ‘Tech Hub’ model initiated in Israel, the innovation matching platform in Vietnam, and UK industry leaders consistently incubating local and international start-ups, businesses have access to more clusters than ever.

Join us to hear from those leading the networks and the businesses taking part to learn how successful partnerships are a boost for innovation and an engine for growth.


Venture Capital and Corporate Venturing... What's the Difference?

11:15 - 12:00

As early stage and growing businesses seek external equity capital to finance their plans to scale and grow, they need to understand what venture capital funds (VCs) and the venture arms of large corporates (CVCs) can offer and what they look for in an investment proposition.  Are they just different sources of money without any real differentiation?

Are VCs likely to want to head for the exit at the first opportunity while CVCs take a longer-term strategic view?

Will CVCs only look for future acquisition opportunities while VCs pursue a strategy to maximise shareholder value?

These are some of the questions that this expert panel of market practitioners will address as they look at the differences – and similarities – between traditional venture capital and the growing ranks of corporate venturing investors.


Market Opportunities in Europe & the Americas

11:15 - 12:15

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Europe and the Americas present huge contrasts and opportunities for UK companies.

There is demand for innovative technology to supply large and diversified industrial and commercial sectors, and a broad technology hungry consumer base.

These regions present different but exciting export and collaboration opportunities for UK companies. Come and learn about the opportunities and risks, the key trends, the growth points and how long term collaboration can be fostered.

These sessions are a must for anyone looking at overseas markets for their product or service offering!


Innovation, creativity and cross fertilisation

11:15 - 11:45

Nicola Mendelsohn, Vice President of Facebook, EMEA and co-chair of the Creative Industries Council, gives a unique insight into the importance of, and the relationship between, technological innovation and creativity.

How has technological innovation and creativity inspired new ideas and projects within Facebook and more widely in the UK's creative industries? How does this fusion of creative and technological thinking transfer value to businesses outside of the creative sector? Join us for this thought-provoking session and hear from one of the most influential women in business today.


Networking Break and Lunch

11:45 - 13:15


Access to the Innovate UK Governing Board

12:05 - 12:45


Innovation in Systems Security: Working Cross-Communities

12:30 - 13:00

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Innovation requires connecting diverse communities to help address new challenges.

As modern engineered systems become more complex, and the need for securing them grows, the challenges of innovation in this sector are a case in point.

The systems security initiative aims to address issues intersecting technology, policy and behaviour.

This talk explores this space and describes our efforts to bring diverse communities together.


Afternoon sessions chaired by Sue Bishop

12:45 - 17:00


Welcome Back to the Afternoon

12:50 - 13:00


Creating the Right Climate for Innovation to Flourish & Grow

13:00 - 13:40

One year on from the publication of The Scale-Up Report on UK Economic Growth, Sherry Coutu CBE, exclusively reveals the UK’s progress on Recommendations made in the Report.

The Scorecard findings set the scene for a conversation with Dr Ruth McKernan, Chief Executive of Innovate UK, on how Innovate UK is nurturing the UK’s innovative, fast-growth businesses and driving economic growth.

Moderated by science writer and Head of Communications at the MRC's Clinical Sciences Centre, Susan Watts, this will be a fascinating discussion about how the UK can translate its world-class scientific base into world-beating commercial success.


Creative Collaborations

13:15 - 14:05

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How is creativity linked to entrepreneurship and economic growth?  Fused businesses are those that combine creative art and design skills with technology expertise; super fused businesses are those that apply those skills and expertise in other sectors. 

'Creative Collaborations' will explore the value of these 'super fused' collaborations and how they are linked to innovation and increased business growth in the space where they converge, benefiting science, society, education and culture.  This session will explore the exceptional advantages companies enjoy when collaborating in this way and discuss ways in which to systematically embed these working practices across the UK economy.  


Alternative vs Traditional Funding

13:15 - 14:05

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The choice of funding sources from the private sector for high growth businesses has never been wider, but, accessing finance is still not an easy task – so how can you make the right choice?

This workshop will offer an overview of the range of alternatives available in the market and give an insight into the pros and cons of the different forms of finance available for your business. 


International Opportunities for Synthetic Biology

13:15 - 14:00

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In 2012, the UK’s synthetic biology roadmap highlighted how the excellence of the UK research community provided opportunities for sizeable future economic growth.

Three years on, hear how businesses are developing products, processes and services to meet the demands of a global market from increased laboratory automation to new drug development and the production of new, clean fuels; synthetic biology is changing the way we solve problems across many different sectors.


The Key to Entrepreneurial Success

13:50 - 14:30

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Lord Bilimoria CBE, Founder of Cobra Beer and Chairman of Molson Coors Cobra India, has received many accolades for his services to entrepreneurship and British business. In this session, he reflects on the highs and lows of his inspirational business journey, revealing key insights on conquering obstacles and realising success, together with his Top 5 tips for business expansion.


Market Opportunities in Asia

14:10 - 15:00

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Asia presents huge contrasts and opportunities for UK companies.

There is demand for innovative technology to supply large and diversified industrial and commercial sectors, and a broad technology hungry consumer base. This region presents different but exciting export and collaboration opportunities for UK companies.

Come and learn about the opportunities and risks, the key trends, the growth points and how long term collaboration can be fostered.

These sessions are a must for anyone looking at overseas markets for their product or service offering!


Connectivity and Driving Value in the Internet of Things (IoT)

14:15 - 15:00

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The Internet of Things is rapidly expanding the universe of connected objects that can gather, intelligently act on and share data and insights to help us make smarter decisions. Discover how data-driven modelling and decision-making can significantly enhance people’s choices, care, collaboration, convenience and comfort.

Join us to hear from leading experts who share their experiences on how we move from connecting things to capturing insights that can improve people’s lives and their environment. 


How We Made it Over the Line

14:15 - 15:00

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Raising finance when you are an early-stage, knowledge-intensive, technology-led business is difficult.  In fact, it’s really hard and takes a long time… and there isn’t any certainty that you will succeed. 

Banks will say that you haven’t got cashflows, a track record and collateral to offer as security.  VCs will say that you haven’t got proven traction and customer orders.  Angels will say that your team isn’t fully formed. 

The crowd will ask who you are.  So how do you make it over the line? 

One form of help is to learn from others who have experienced the highs and lows of fundraising, so this seminar features three examples of entrepreneurs who have succeeded and who will share their insights so that you are better prepared next time you enter the dragon's den…


An Idea that Changed My Life

14:45 - 15:15

Arthur Kay is a rising star making waves in business with various accolades including 'The UK’s most Innovative Entrepreneur’ and The Guardian's 'Sustainable Business Leader of the Year' for 2015.

Whilst designing a coffee roasting plant and coffee shop, the idea for bio-bean was born - an environmentally and commercially-pioneering enterprise that disrupts the energy and food industries.

From concept to commercialisation, Arthur will share his inspirational journey and insights into how this unique business has gone from strength to strength as well as his future plans for growth. This is a session you will not want to miss!


Networking Break

15:00 - 15:15


Manufacturing Connections

15:15 - 16:15

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With ever tightening purse strings and competitive market places, collaborative approaches to innovation are becoming increasingly common. What approaches can be adopted, which mechanisms work, and are there any pitfalls to avoid? This session will explore different approaches to collaborative innovation through case studies from three organisations across a diverse range of manufacturing industries.

Hear about IQE’s approach to open innovation in the semi-conductor industry, combining skills training and product innovation at the Institute for Advanced Manufacturing and Engineering in Coventry and Biome’s journey to apply cutting edge science to significant biological and engineering challenges in the bio-plastics industry.


Invest in: Fintech

15:15 - 16:15

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Financial Technology (or FinTech for short) seems to be the latest buzzword amongst entrepreneurs and early stage investors.  Despite the global financial crisis, the financial services industry remains an area where the UK, and London in particular, have world-class capability and which continues to contribute significantly to the economy.

The UK’s digital capabilities are also strong and continue to grow, especially in London. 

But while only 2-3 years ago there was a significant divide between the suits of the City of London and the jeans of Tech City, today there are an increasing number of digital technology businesses that see financial services as a market for growth. But what do we mean by FinTech and why does it represent such a fascinating opportunity for business growth to entrepreneurs and hold out such promise for investors?  

This seminar will look at examples of the opportunities in FinTech in two distinct areas:  the consumer-facing aspects of using technology to meet the needs of customers and the institutional aspects of using technology to address some of the most significant risks in banking operations.


International Opportunities for Advanced Materials

15:15 - 16:15

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Discover the opportunities for advanced materials in the global marketplace.

Innovative advanced materials technologies make a direct and positive impact on economic growth, the environment and society. Hear direct from businesses about how they are using materials innovations to make a global impact across sectors, from high value manufacturing and composites to medical devices and nanotechnology.


Catapulting Ahead: Driving Growth and Investment

15:25 - 16:15

The Catapult centres are national hubs for innovation in key sectors with a unique offering in the knowledge and technology based economy of the future. Discover how these world-leading centres provide businesses with access to critical assets, research and expertise and drive inward investment into the clusters they create.

Ian Shott, Innovate UK board member and chair of the Catapult committee boards introduces the session and Katie Allen, Economics Correspondent of The Observer/Guardian will moderate a select panel of businesses and Catapult centres. 


When the Strategy is Delivery Trust Matters

16:25 - 17:00

What roles do strategy, delivery and trust play in delivery-driven organisations?

This seminar explores the ways the Government Digital Service implements its 'strategy is delivery' approach in practice. Head of Data Infrastructure at the Government Digital Service, Ade Adewumni, shares her insights into the benefits, challenges and lessons the organisation has experienced from adopting this emergent approach to strategy.


Motorsport Valley® - The UK's World-Champion Cluster in Pole Position

16:25 - 17:00

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There can be few environments on the planet more demanding than Formula One and world motorsport. Who are the UK companies of Motorsport Valley, locked in a continuous cycle of competitive engineering, which keep the UK on the winner’s podium of motorsport?


How do they work together, as a community, to create this world-beating capability with such an intense focus on endless innovation? Why and how are they now exploiting their unique, high-octane skills in automotive, defence, marine and other sectors? What could other UK clusters learn from their success? 


Market opportunities in Africa

16:25 - 17:00

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Africa presents huge contrasts and opportunities for UK companies. There is demand for innovative technology to supply large and diversified industrial and commercial sectors, and a growing interest in technology amongst the consumer base. Just two of these countries – Nigeria and South Africa present different but exciting export and collaboration opportunities for UK companies.

Come and learn about the opportunities and risks, the key trends, the growth points and how long term collaboration can be fostered.